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Savings Goals

Are You on Pace to Meet Your Savings Goals?

Setting a goal is a crucial step in meeting your savings objectives. Do you have
specific savings goals, or are you merely hoping you’ll have enough when the need
arises?

This calculator is designed to help you determine how much you need to save
each year to meet your savings goals.

Are you able to save the annual amount needed to pursue your targeted savings goal? If not, you may need to reexamine your savings plan and make some adjustments. You can change some of the variables to see how they affect your results.

Your Results

Total value of current savings:

$0

Number of years you have to save:

0

After-tax rate of return you expect on your investments:

0%

Annual savings required:

$0

Are you satisfied with your savings accumulation? This graph shows the amount you
would have to save each year to meet your goal at various rates of return. But remember
that one of the most important steps you can take to work toward your goals is to
avoid procrastination. Start saving for your goals today.

Impact of Rate of Return on Annual Savings Required

The information provided is not specific investment advice, a guarantee of performance, or a recommendation.
Rates of return will vary over time, particularly for long-term investments. Investments
offering the potential for higher rates of return also involve a higher degree of
risk.

This hypothetical example is used for illustrative purposes only. Actual results will vary.

The information in this calculator is not intended as tax or legal advice, and it
may not be relied on for the purpose of avoiding any federal tax penalties. You
are encouraged to seek tax or legal advice from an independent professional advisor.
The content is derived from sources believed to be accurate. Neither the information
presented nor any opinion expressed constitutes a solicitation for the purchase
or sale of any security.

"James McCoy is an agent licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the states of AL, TN, GA, MS.No insurance business may be conducted outside these state(s) referenced.

James McCoy is a Registered Representative of and offers securities products & services through NYLIFE Securities LLC, Member FINRA/SIPC, a licensed insurance agency. In this regard, this communication is strictly intended for individuals residing in the state of AL. No offers may be made or accepted from any resident outside the specific state referenced. NYLIFE Securities LLC is a New York Life Company.